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Varroc Group R&D Executive salaries in India

Annual salary range
4 - 5 years exp.
₹5.1 Lakhs - ₹10 Lakhs
Salary of majority employees
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41% more than the average R&D Executive Salary in Auto Components Companies for 4 - 5 years of experience

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Last Updated: 7 Nov 2023

Companies similar to Varroc Group for R&D Executive

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₹4.5 L/yr - ₹7.8 L/yr

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R&D Executive salary at Varroc Group ranges between ₹5.1 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group R&D Executive

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4 years exp.
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Experience wise Varroc Group R&D Executive salaries

Last Updated: 7 Nov 2023

Experience Avg Annual Salary
4 years  (4 salaries)

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₹5.1 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.8 L/yr

Similar Designation salaries in Varroc Group

Design Engineer Salary
(48 salaries)
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₹1.8 L/yr - ₹10.85 L/yr
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₹2.9 L/yr - ₹12 L/yr
R&D Engineer Salary
(33 salaries)
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₹2.15 L/yr - ₹9.64 L/yr
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₹1.2 L/yr - ₹6.5 L/yr
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₹2.88 L/yr - ₹9 L/yr
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₹5 L/yr - ₹15.9 L/yr
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₹5 L/yr - ₹7.5 L/yr
Lead Engineer Salary
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₹8 L/yr - ₹19.5 L/yr
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₹2.4 L/yr - ₹5.95 L/yr
NPD Engineer Salary
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₹2 L/yr - ₹8.5 L/yr

Salary related reviews for Varroc Group

4.5

Rated by 2 employees for salary & benefits

Full Time

 · 

Research & Development Department

1.0
  •  posted on 27 Dec 2024

3.0
 for  Salary and Benefits

Likes

Salary on time credit

Dislikes

1) Layoff two times in year 2024 2) Increment is not base on performance, meanwhile after resigned varroc was gave hike. 3) Culture very bad 4) No work satisfaction along with no work base on employee profile 5) Notice period 3 month mandatory and it's not negotiable 6) System not smoothly work due employee not satisfaction work culture and financial group 7) R&D HR need take appointment for meeting him 8) Canteen facility very poor

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 29 Nov 2024

3.0
 for  Salary and Benefits

Likes

Varroc is a good employer with good work culture. Flexible work hours, on time salary, peer respect. People and management are supportive. Lots of learning across various engineering disciplines. Good interactions with plant and corporate to make experience more rewarding.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary and benefits are not at par with industries. Need more projects / order to increase job security. No international exposure for ordinary employees.

read more

Engineering - Software & QA Department

3.0
  •  posted on 27 May 2022

1.0
 for  Salary and Benefits

Likes

Management is quite approachable.

Dislikes

... Disparity during appraisal cycle 4. No importance to your mental well being 5. During COVID, some % of salary was cut off without taking any prior concern or information. And in circulated mail, it was mentioned as "Volunteer contribution"

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 26 Dec 2024

1.0
 for  Salary and Benefits

Likes

Only salary on time

Dislikes

a) 3 month unwanted notice period mandatory to serve after maneger approval for one month. Short fall days payout facility not available. b) Year end review not based on performance c) It's based on politics, bad work Culture d) Canteen facility very poor e) punch in time very strictly and it's deducted from leaves. f) Not working as job profile g) Not any training provided h) 2 time layoff by varroc in one month and no any advance information i) No based on system work

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

1.0
  •  posted on 06 Dec 2024

1.0
 for  Salary and Benefits

Likes

Salary will credited at 1st of month

Dislikes

1. Worst company culture 2. Less knowledged superiors 3. Egoistic higher officials 4. Worst HR culture 5. Any time they can fire anyone if higher people has vengeance on someone 6. Worst job structure 7. No hygiene food and toilets 8. No proper hike 9. No job security

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Varroc Group R&D Executive Salary FAQs

What is the salary of R&D Executive at Varroc Group ?
The average salary of a R&D Executive at Varroc Group in India typically ranges from ₹5.1 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of R&D Executive at Varroc Group earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. R&D Executive Salaries at Varroc Group can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Varroc Group employees in India.
What is the estimated take home salary of a R&D Executive at Varroc Group in India?
The estimated take-home salary of a R&D Executive at Varroc Group in India typically ranges from ₹55,965 to ₹57,367 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 4 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a R&D Executive in companies similar to Varroc Group in India?
The salary of a R&D Executive at companies similar to Varroc Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Metal Power Analytical ₹5.5 Lakhs to ₹9.2 Lakhs per year
Endurance Technologies ₹4.5 Lakhs to ₹7.8 Lakhs per year
Deepak Nitrite ₹2.8 Lakhs to ₹8.4 Lakhs per year
Swani Spice Mills ₹2.1 Lakhs to ₹4.0 Lakhs per year
CIE Automotive ₹2.0 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a R&D Executive at Varroc Group in India?
The salary growth for a R&D Executive at Varroc Group depends on factors such as experience, performance, and promotions. On average, a R&D Executive can expect the following growth trajectory at Varroc Group:

Experience Average Salary Range
4 years ₹5.1 Lakhs to ₹10.0 Lakhs per year
5 years ₹2.1 Lakhs to ₹5.8 Lakhs per year
and so on.

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Varroc Group R&D Executive salary in India ranges between ₹5.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Varroc Group latest salaries received from various employees of Varroc Group.